Iraq’s Central Bank signs cooperation agreement with Frankfurt School

0
26
Iraq’s Central Bank signs cooperation agreement with Frankfurt School

The vital financial institution of Iraq (CBI) announced, on Tuesday, the signing of a cooperation memorandum with the Frankfurt faculty of Finance & control.

in step with a statement from the bank, the memorandum “will facilitate training for central financial institution staff in diverse specializations and assist them in acquiring the world over recognized expert certifications.”

The imperative bank of Iraq turns into the first Iraqi organization to sign a cooperation settlement with the Frankfurt college.

The Iraqi Banks association clarified that the agreement is part of the FFM mission, which is organized by GIZ and funded by the ecu and the German authorities.

The agreement become signed through Ahmed Al Hashimy, the deputy govt director of the Iraqi private Banks League, and Dr. Fatima Dirkes, vice chairman of Frankfurt school of Finance & management, with the presence of Nizar Rafie, the Director of development and schooling on the primary financial institution of Iraq.

Al-Hashimi considered the agreement “a brand new beginning for cooperation among Iraq’s banking region and Germany,” pointing out that it’s going to make contributions to the alternate of know-how and knowledge.

He delivered that the agreement includes organizing joint education guides in each Iraq and Germany across various banking fields, if you want to notably gain Iraq’s banking sector via improving skills and abilities.

Dirkes also stressed the importance of collaboration in fostering knowledge and experience alternate between the two countries, noting that the settlement represents “a promising step in the direction of a fruitful partnership.”